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Growth Tips

For almost 20 years I’ve been sharing my growth tips and advice by helping businesses of all shapes and sizes grow, where it matters, the bottom line.

Each week I send out growth hacks, business ideas, and stuff that gives you a competitive advantage over others, allowing you to work less and earn more…get my growth tips here:

Growth Tips #1: Have A Big Vision

Have a big vision for your business. If you want to grow big, then you need to think big. Set yourself a Big Hairy Audacious Goal (BHAG) – Something that seems so impossible right now but something that will be amazing when you achieve it.

Growth Tips #2: Execute Like Crazy

Once you have a vision, start working towards it. Execute. Execute. Execute. And we aren’t talking people we are talking delivery. Break your big vision into smaller visions with shorter time frames. For example where will your business be 12 months from now, 6 months from now, 3 months from now? Break these smaller visions into manageable goals and deliver them.

Growth Tips #3: Be clear why you do what you do

Every business owner knows what their business does. Some businesses owners even know how they do it. But very few business owners can explain why they do it. What gets you up in the morning? If you can explain that to your workforce and your customers then you will create an emotional bond. For example if Apple thought like everyone else this is what they’d say:

“We make great computers (what). They’re beautifully designed, simple to use and user friendly (how). Want to buy one?”

But instead they say:

“In everything we do we believe in challenging the status quo, we believe in thinking differently (why). The way we challenge the status quo is by making our products beautifully designed, easy to use and user friendly. We just happen to make great computers. Want to but one?”

People don’t buy what you do, they buy why you do it.

Growth Tips #4: Business Growth Is a Mindset

Whatever the sate of the economy, what ever market place you’re in, wherever you operate in the world there are businesses that are growing. Jack Welch the legendary CEO of GE in the 80’s/90’s told the leaders of GE’s businesses to redefine their business unit so that the business only had a 10% share (even though they were market leaders) by expanding your horizons you create a growth mindset which allows you to focus on opportunities to grow you business.

For example what’s the difference between the restaurant owner who owns a successful restaurant and the owner of a chain of successful restaurants? Mindset.

Adopt a business growth mindset.

Growth Tips #5: Stop doing stuff

It might seem crazy that the secret to growing your business is stopping doing stuff. But it’s true. How many side projects are you running which get in the way of growing your business? When you cut out the distractions and focus on the important you immediately save yourself time and money. One client I worked with gained 10 hours a week by selling off a loss making website and focusing on the primary one. This in turn allowed her to grow her business by 33% year on year in the first 3 months after she stopped working on the loss making website.

For some reason most business owners focus on 4), which is actually a) the most difficult and b) the most risky. The most certain method of growing your business is selling more volume to your existing customers, followed by selling your existing products or services to new customers exactly like the ones you’ve already got.

This gives you two advantages 1) you already know the market and 2) you can show potential new customers real life examples of how you products or services can work for them.

And Finally…

To get another 4 business growth tips sent straight to your inbox, simply enter your email in the box below. You will then get tips and advice that you can apply to your business, so you never miss a business growth opportunity again. Rest assured we will respect your email privacy and will never share your email address with anyone (ever).

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So, what are you waiting for? I look forward to showing my top growth tips on how to grow your business.

Who is behind The Big Red Tomato Company?

My name is Matthew Needham and I'm a business coach and consultant. I work with business owners to help them grow their businesses, save time and make more money through improved business processes.
I'm an entrepreneur, accountant and blogger. You can read more about me, or The Big Red Tomato Company on the About Page.